Richardson Establishes European Subsidiary

Richardson Establishes European Subsidiary

Philadelphia, PA — March 14, 2001 — Richardson, a leading provider of client focused sales performance solutions for major corporations worldwide, today announced the establishment of Richardson Europe Limited, a wholly-owned European subsidiary headquartered in London, UK. In making this move, Richardson will continue to build on its leadership position in sales consulting, training and strategy.

Richardson Europe Limited will focus on supporting and building upon Richardson's global clients and European-based companies as well as capitalizing on Richardson's 21 years of experience in creating sales performance solutions. Richardson Europe Limited will help build the skills and competencies of sales professionals to improve relationships and exceed client expectations. The new subsidiary office is a further enhancement of an existing global strategy and will work with clients to offer consulting services, instructor-led training, eLearning and mobile learning that accelerate development and increase performance.

“We are deeply committed to meeting the sales development needs of our clients worldwide,” said Linda Richardson, CEO of Richardson. “The opening of this office represents a significant step in achieving our strategic goal of becoming the premier leader in sales performance solutions. This expansion enhances our current position and allows Richardson to better focus on providing specific performance solutions to our global and European clients. By having a greater local presence, we will now be able to more effectively service our clients and create solutions to the local culture and business issues that our clients are facing.”

About Richardson

Richardson is a leading global provider of sales, sales management and customized sales training solutions. With over 21 years of experience, Richardson offers a fully integrated curriculum, seminars, eLearning, customized training and consulting services to Fortune 1000 corporations worldwide. The Richardson approach is to partner with clients globally to create solutions that support the client's strategy, objectives and values to ensure results that accelerate development and increase performance. For more information visit www.richardson.com.

Richardson Contact:: 215-940-9255 or info@richardson.com